Afternoon trading February 6, page-5

  1. 2,976 Posts.
    lightbulb Created with Sketch. 23
    Sorry missed the cutoff

    TEG - holds 35.47% of GAS. There are strong suggestions of takeover bids coming in on GAS. Obviously TEG will ride this up, hence the increase in the share price. The fact GAS has been a 6 bagger in the past 6 months bodes well for TEG.

    TEG Market cap is $31 million. GAS is $55 million. Therefore TEG's share of GAS is $19.51 million, meaning the rest of TEG is only valued at $11.5million. Seriously undervalued

    https://hotcopper.com.au/data/attachments/1430/1430024-441fd1f7ee4f97dfa8e3202d52e267b6.jpg

 
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